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Affluent Christian Investor | October 21, 2017

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Posts ByRoger McKinney, Author at Affluent Christian Investor

October 19, 2017 |

Why Are Young People Socialist?

Young people drove Bernie Sanders’ campaign and near upset of the establishment Hillary Clinton in the latest election to the surprise of many. An old saying goes, “If you’re not a socialist when you’re young you have no heart; if … Read More

October 9, 2017 |

Christianity Explains the Wealth of Nations

Adam Smith wrote in his Wealth of Nations,

That security which the laws of Great Britain give to every man that he shall enjoy the fruits of his own labor, is alone sufficient to make any country flourish… The … Read More

September 27, 2017 |

The US Rejected Obamacare in 1918

What a difference a mere hundred years makes! US voters rejected mandatory health insurance, or Obamacare, at the turn of the last century. It took supporters almost another century, but they finally won.

For a quarter century before WWI, many … Read More

September 19, 2017 |

The Father of Nazism and Antifa Violence and What it Means For the Future

The violence of the demonstration by neo-Nazis and white supremacists in Charlottesville, West Virginia recently shocked the mainstream media because of the media’s ignorance of history. We have seen it before with the anarchists at the turn of the last … Read More

August 30, 2017 |

How Your Business Is Like a North Korean Prison Camp and What You Can Do About

Research has shown that high turnover rates at companies are largely due to supervisors who are jerks. Why should that matter to business people? One reason it should be important is because the expenses of attracting, hiring and training good … Read More

August 25, 2017 |

Is God a Capitalist?

The title is similar to that of my book, God is a Capitalist, but this is a different book that I only recently discovered and it makes some really good points.

Pastors in the US have abandoned their flocks to the … Read More

August 23, 2017 |

White Supremacy is Part of the Left, Not the Right

The white supremacist organizers of the tragedy in Charlottesville, WV on the twelfth called their rally “Unite the Right.” That title reveals a deep ignorance of history and sorry reasoning skills. Racism has never been part of any definition of … Read More

August 8, 2017 |

Zuckerberg – Embarrassed by Riches

Mark Zuckerberg, the founder of , attracted a lot of attention with hiscommencement speech last May at Harvard, the school he dropped out of. He started off with some good advice to the graduates:

Now it’s our turn to … Read More

August 3, 2017 |

Macronomics Will Not Save France

Anatole Kaletsky wrote in “A ‘Macroneconomic’ Revolution?” that the new French President has figured out the golden mean of economic policy that will lead France out of the swamp of despair into which its economy has sunk for a decade.

Read More

July 18, 2017 |

Macron Tries Extortion on Merkel

French President Emmanuel Macron pressured German Chancellor Angela Merkel recently to bail out the failed southern conference of the Big EZ. According to a Dow Jones Newswires report,

“The French leader said the eurozone has deepened disparities, loading indebted nations … Read More

July 17, 2017 |

OECD Wants Every Nation to be Greece

Greece’s financial troubles have slipped from the headlines lately, but the financial apocalypse that began there with the Great Recession continues. Now the Organization for Economic Cooperation and Development has made it clear it wants the rest of the developed … Read More

July 10, 2017 |

Seattle Proves Economics is not Physics

The ongoing fight about min wage in Seattle magnifies some of the things wrong with mainstream economics. In 2014 the city council voted to phase in a $15 wage over the next few years and in 2015 increased the wage … Read More

June 30, 2017 |

Christian Laissez-Faire Built This Country

I have been looking for an economics text book for non-majors for years and finally found it in Francis Wayland’s Elements of Political Economy – published in 1837. It’s shocking how little good economics has changed in almost 200 years. … Read More

June 27, 2017 |

PhD’s and Computers Explain Market Volatility Since 1980

Richard Bookstaber’s 2007 work, A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation, examines the huge increase in stock and bond market volatility since 1980. He notes that GDP volatility has shrunk while … Read More

June 15, 2017 |

The Real Cause of Trade Deficits

At the recent summit held in Europe of the seven richest countries, the G-7, President Trump trashed the German trade surplus, “The Germans are bad, very bad. Look at the millions of cars that they’re selling in the USA. Horrible. … Read More

June 7, 2017 |

D-Day Lesson – Decentralize Decision Making

June 6, 1945, Allied forces invaded the Nazi fortress of Europe. Not everyone cheered. General Douglass MacArthur said of the invasion that he would court martial the SOB who had planned it. Of course, he knew well the planner. … Read More

June 6, 2017 |

We Are All Socialists Now – Review of Demons of Democracy

If the US has as tolerant society as it advertises, then why did the mainstream media attack North Carolinians so viciously when they voted to keep traditional bathrooms? And why do bakers go to jail for refusing to crown a … Read More

June 5, 2017 |

Elon Musk, Socialist

I’m sure Elon Musk would be highly offended to know that he is a promoter of Marxism. After all, look at the number of businesses he has started. But he has admitted he only started those companies to promote change … Read More

May 18, 2017 |

Investing Tips From Socialist Soros

Even though George Soros is a devout socialist, he knows something about investing. He writes about a typical cycle in the stock market in his book The Crisis of Global Capitalism. He calls his theory “reflexivity,” but the general … Read More

May 11, 2017 |

Creative Destruction Becoming Less Destructive and Less Creative

Investors should worry about productivity growth of the firms they invest in because it is one of the major determinants of profits and market share. Innovation should drive old technology firms out of business and improve productivity but that … Read More

May 10, 2017 |

Mamas, Don’t Let Your Babies Turn Out to Be Mainstream Economists

The credibility of mainstream economics took a punishing punch from the Great Recession that hit in 2008. It should have been a fatal blow, but the profession had made itself nearly impervious to the effects of empirical data. The field … Read More

May 1, 2017 |

Morgan Stanley Says Ride the Raging Bull

Morgan Stanley’s analysts suggest running with the bulls this week. They recently announced that they expect the S&P 500 to rise 15% in the next twelve months and possibly to reach 3,000, a gain of 27.4%. They wrote,

Although optimism … Read More

April 28, 2017 |

Brick and Mortar Retail is Falling Down

Brick and mortar retail is dying according to many reports. Here’s an example:

American retailers are closing stores at the fastest pace ever.

Roughly 10% of mall retail space – or 1 billion square feet – is on the … Read More

April 10, 2017 |

Shrinking Credit, Not a Good Sign for Business

Most business cycle models include the money supply as a leading indicator of the economy, meaning that changes in the money supply tend to precede and signal changes in the economy in the near future. The money supply year-to-year … Read More

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